Common use of Survey and Inspection Clause in Contracts

Survey and Inspection. Buyer and Buyer's agents, employees and independent contractors shall have the right and privilege to enter upon the Property prior to and including the date of Closing to survey and inspect the Property and to conduct soil borings and other geological, environmental, engineering, or landscaping tests or studies, all at Buyer's sole cost and expense. The right shall be exercised after Notice to Seller and after Buyer has provided to Seller (i) a certificate of liability insurance with at least [check one] US$ or US$1,000,000.00 single limit coverage naming Seller as an additional insured and (ii) lien waivers from all persons or entities hired by Buyer to perform any work on the Property. Buyer hereby covenants and agrees to indemnify and hold harmless Seller from any and all loss, liability, costs, claims, demands, damages, actions, causes of actions, and suits arising out of or in any way manner related to the exercise by Buyer of Buyer's rights under this paragraph.

Appears in 1 contract

Samples: cdn.cocodoc.com

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Survey and Inspection. Buyer Xxxxx and BuyerXxxxx's agents, employees and independent contractors shall have the right and privilege to enter upon the Property prior to and including the date of Closing to survey and inspect the Property and to conduct soil borings and other geological, environmental, engineering, or landscaping tests or studies, all at Buyer's sole cost and expense. The right shall be exercised after Notice to Seller and after Buyer has provided to Seller (i) a certificate of liability insurance with at least [check one] 🞎 US$ or 🞎 US$1,000,000.00 single limit coverage naming Seller as an additional insured and (ii) lien waivers from all persons or entities hired by Buyer to perform any work on the Property. Buyer hereby covenants and agrees to indemnify and hold harmless Seller from any and all loss, liability, costs, claims, demands, damages, actions, causes of actions, and suits arising out of or in any way manner related to the exercise by Buyer of Buyer's rights under this paragraph.

Appears in 1 contract

Samples: s3.amazonaws.com

Survey and Inspection. Buyer 🞎 🞎 Xxxxx and BuyerXxxxx's agents, employees and independent contractors shall have the right and privilege to enter upon the Property prior to and including the date of Closing to survey and inspect the Property and to conduct soil borings and other geological, environmental, engineering, or landscaping tests or studies, all at Buyer's sole cost and expense. The right shall be exercised after Notice to Seller and after Buyer has provided to Seller (i) a certificate of liability insurance with at least [check one] US$ or US$1,000,000.00 single limit coverage naming Seller as an additional insured and (ii) lien waivers from all persons or entities hired by Buyer to perform any work on the Property. Buyer hereby covenants and agrees to indemnify and hold harmless Seller from any and all loss, liability, costs, claims, demands, damages, actions, causes of actions, and suits arising out of or in any way manner related to the exercise by Buyer of Buyer's rights under this paragraph.

Appears in 1 contract

Samples: cdn.cocodoc.com

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Survey and Inspection. Buyer and Buyer's agents, employees and independent contractors shall have the right and privilege to enter upon the Property prior to and including the date of Closing to survey and inspect the Property and to conduct soil borings and other geological, environmental, engineering, or landscaping tests or studies, all at Buyer's sole cost and expense. The right shall be exercised after Notice to Seller and after Buyer has provided to Seller (i) a certificate of liability insurance with at least [check one]  US$ or  US$1,000,000.00 single limit coverage naming Seller as an additional insured and (ii) lien waivers from all persons or entities hired by Buyer to perform any work on the Property. Buyer hereby covenants and agrees to indemnify and hold harmless Seller from any and all loss, liability, costs, claims, demands, damages, actions, causes of actions, and suits arising out of or in any way manner related to the exercise by Buyer of Buyer's rights under this paragraph.

Appears in 1 contract

Samples: s3.amazonaws.com

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